Coffee Pacifica Announces Development of Agro-Ecological Zones for the Specialty Coffee Market.
Mr. Jon Yogiyo, Vice Chairman of Coffee Pacifica, stated that: "The Federation is using the Papua New Guinea Resource Information System as a base to develop a coffee 'suitability map' and analyzing the information on altitudes, temperatures, annual rainfall, vegetation type, soil erodibility, forest type and land use in the coffee growing areas of Papua New Guinea. This information will assist to accurately establish the precise agro-ecological location of the co-operatives, the coffee growers, and the coffee farms."
Papua New Guinea Coffee Growers Federation Ltd. ("PNGCGF") is a strategic partner and a shareholder of Coffee Pacifica. PNGCGF's shareholders are co-operatives representing approximately 30,000 coffee growers organized in various co-operatives located throughout the coffee growing areas of PNG. The high quality premium-grade coffee produced by the co-operatives is pooled together by the PNGCGF and marketed by Coffee Pacifica.
Coffee Pacifica, Inc. is a distributor and marketer in the United States and Canada of green bean coffee grown in Papua New Guinea. Green bean coffee in Papua New Guinea is grown by Coffee Pacifica's shareholder-farmers in the Highland region's rich volcanic soils between the altitudes of 4,000 and 6,000 feet. Papua New Guinea coffee is well regarded by consumers for its uniqueness, consistency and special flavor characteristics. For more information about our coffee products, visit our website at www.coffeepacifica.com
Except for the historical matters contained herein, statements in this press release contain "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the Company's business and prospects. Actual results could differ materially, as the result of such factors as: (1) competition in the markets for the Company's products and services; (2) the ability of the Company to execute its plans; and (3) other factors detailed in the Company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with our Annual Report on Form 10-KSB and our other filings with the SEC through the date of this release, which identifies important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, failure to satisfy the closing conditions set forth in Letters of Intent and definitive agreements and other risks associated generally with acquisitions and developments. These forward-looking statements are not guarantees of future performance.
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|Date:||Nov 16, 2004|
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